Company also acquires minority equity stake in Kony, joining
forces with leading mobile applications provider to drive
innovative, consumer-centric experiences
NORTH CANTON, Ohio,
May 22, 2017 /PRNewswire/ --
Diebold Nixdorf (NYSE: DBD), the
global leader in connected commerce, today announced a strategic
partnership with Kony, Inc., the leading enterprise mobility and
application company, to offer white label mobile application
solutions for financial institutions and retailers. The next
generation mobile application suite—DN Mobile—will enable a unified
and highly personalized experience by leveraging cross-platform
data and integrating multiple channels to drive connected
commerce.
Digital trends are impacting every touchpoint and this
partnership aims to help banks and retailers on their digital
transformation journey by putting the consumer at the center of the
experience. To address key mobility trends around consumer loyalty
and differentiated digital experiences, this partnership will focus
on the following core areas:
- Move to the next generation of mobile applications: DN
Mobile will have a pre-packaged option, as well as a build-your-own
toolkit to empower financial institutions and retailers to innovate
quickly and better engage with their customers.
- Engage the API economy: An open services-oriented
application platform will facilitate new types of collaborations
with payment providers, merchants and FinTechs.
- Transcend legacy channel silos: Integrated software
product lines will enable connected commerce across self-service,
POS, branch and digital channels.
"This partnership marks a transformative moment for the
industries we serve. We are extending our leadership in
systems of engagement all the way from the branch and store through
to cloud connected mobile applications for the consumer," said
Alan Kerr, senior vice president,
software, Diebold Nixdorf. "This
extended reach into mobile applications will blend channels
together in innovative new ways and propel our vision of connected
commerce into the marketplace. We couldn't be more pleased to be
partnering with Kony, the market leader, on this exciting
journey."
Kony is recognized as a top leader by Gartner and Forrester, and
is the largest mobility provider focused purely on cross-platform,
cloud-based enterprise solutions. Kony serves more than 250 million
mobile app users worldwide every day and manages more than 3.4
billion user sessions annually.
"We are thrilled to join forces with Diebold Nixdorf," said Thomas E. Hogan, chairman and chief executive
officer, Kony, Inc. "Diebold
Nixdorf's vision and commitment to connected commerce,
combined with their domain expertise in banking and retail, make
them the perfect partner for Kony. Our joint vision is clear: to
deliver the industry's most innovative digital solutions. Together,
we will disrupt and lead the market. "
In conjunction with the partnership, Diebold Nixdorf is investing in a minority
equity stake in Kony and will have a seat on its board of
directors. Financial terms of the investment are not being
disclosed.
About Kony, Inc.
Kony is the fastest growing, cloud-based enterprise application
and mobility solutions company, and a recognized industry leader
among mobile application development platform (MADP) providers.
Kony helps organizations of all sizes drive business ingenuity by
rapidly transforming ideas into innovative and secure omni-channel
applications. Built on the industry's leading digital platform,
Kony provides the most innovative and secure omni-channel
applications, with exceptional user experience and app design.
Kony's cross-platform, low-code solution also empowers
organizations to develop and manage their own apps to better engage
with their customers, partners and employees. By seamlessly
leveraging and connecting apps to all types of data sources and
information, Kony also enables organizations to transform their
business processes and gain valuable insight. Kony was named
the first place winner in CTIA's MobITs Awards in the
Mobile Applications, Development & Platforms category and
included on the Inc. 500|5000 list of fastest growing
private companies in America.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated
(NYSE: DBD) is a world leader in enabling connected commerce for
millions of consumers each day across the financial and retail
industries. Its software-defined solutions bridge the physical and
digital worlds of cash and consumer transactions conveniently,
securely and efficiently. As an innovation partner for nearly all
of the world's top 100 financial institutions and a majority of the
top 25 global retailers, Diebold
Nixdorf delivers unparalleled services and technology that
are essential to evolve in an 'always on' and changing consumer
landscape.
Diebold Nixdorf has a presence in
more than 130 countries with approximately 24,000 employees
worldwide. The organization maintains corporate offices in
North Canton, Ohio, USA and
Paderborn, Germany. Shares are
traded on the New York and
Frankfurt Stock Exchanges under the symbol 'DBD'. Visit
www.DieboldNixdorf.com for more information.
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